Peugeot and DS skipped the Frankfurt show last year, along with Nissan, Fiat, Volvo and Jeep. Ford, Volvo and Mazda stayed away from the 2016 Paris show.

The Geneva show has so far avoided the big manufacturer cancellations, mainly because of the host country’s lack of manufacturer affiliation. It’s also one of the few shows attended by all the main luxury brands.

Opel said it will focus will on its own events. It will only appear at auto shows when there are good business and marketing reasons to do so, an Opel spokesman told Germany’s DPA news agency.

Opel’s PACE business planaims to achieve a 2 percent profit margin by 2020, largely by becoming more efficient and reducing costs. PSA has already reduced working hours at Opel's German factories and cut jobs at Vauxhall’s factory in Ellesmere Port, England